
European Tech Tracks €878M in Weekly Funding as iwoca Lands £250M Debt Facility
Tech.eu logged more than 50 funding deals across Europe in a single week, led by iwoca's £250M debt facility, alongside its newly released H1 2026 report.
AfroEuropa Newsroom
AfroEuropa desk
European technology companies drew more than €878 million across over 50 funding deals in a single week, according to a round-up published by Tech.eu, which also counted upwards of 10 exits, mergers, acquisitions and related developments.
Among the larger transactions, UK-based small and medium enterprise lender iwoca secured a £250 million debt facility. In another British deal, Dwelly raised $170 million in a Series B round. In Italy, Drivalia obtained €48 million in financing from the European Investment Bank to support electric mobility in Italy and Finland.
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